News & Analysis

Dreyer & Reinbold expanding racing operations

February 10, 2011
Scott Olson
Carmel-based team is building a 12,000-square-foot addition at its headquarters that will house a state-of-the-art machine shop outfitted with high-tech milling machines manufactured by Indianapolis-based Hurco Cos.
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Indianapolis customers line up for Verizon iPhone

February 10, 2011
Sean Morrison
Customers waiting outside the Verizon Wireless store in Castleton early Thursday wanted two things: iPhones and warmth.
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Local home sales fall again

February 10, 2011
 IBJ Staff
Home-sale agreements in the nine-county central Indiana region fell 12.2 percent in January compared to the same month in 2010, the ninth straight month in which year-over-year sales slumped locally.
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Keystone Towers heading toward demolition, city says

February 10, 2011
 IBJ Staff and Associated Press
An Indianapolis Department of Metropolitan Development official says the city has plans to tear down the abandoned 15-story Keystone Towers complex at Allisonville Road and Fall Creek Parkway and seek proposals for redevelopment.
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Labor board seeks rehiring of fired pro-union store worker

February 9, 2011
Associated Press
The National Labor Relations Board has asked a federal judge to order Fishers-based Marsh Supermarkets to rehire a pro-union worker whom the company fired.
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Lawmakers start work on teacher merit pay bill

February 9, 2011
Associated Press
Indiana lawmakers have started work on one of the more controversial aspects of Gov. Mitch Daniels' sweeping education agenda: a plan to tie teacher pay to student performance.
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Indiana panel OKs early-graduation scholarship

February 9, 2011
Associated Press
A proposal to give Indiana high school seniors a $3,500 college scholarship if they graduate a year early has cleared its first legislative hurdle.
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Panel backs Indiana immigration crackdown bill

February 9, 2011
Associated Press
An Indiana Senate committee approved a bill Wednesday night that its sponsor says would lead to an Arizona-style crackdown on illegal immigration in the state.
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Micronutrients planning expansion, 44 new jobs

February 9, 2011
The Indianapolis-based manufacturer of animal trace nutrients plans to break ground this month on a new plant, which will be located next to its existing production facility and headquarters on the city's west side.
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Health insurers expect hit from reform rule

February 9, 2011
Associated Press
Major health insurers, including WellPoint, say a provision that requires them to spend a certain percentage of the premiums they collect on care-related costs will eat into earnings this year.
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Arcadia reports smaller loss on increased revenue

February 9, 2011
The Indianapolis-based health care company lost $2.3 million on revenue of $26.2 million in its third fiscal quarter.
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Entrepreneurs plan microbrewery for Fountain Square

February 9, 2011
Kathleen McLaughlin
A group of entrepreneurs plans to open Fountain Square Brewing Co., possibly this summer, in a former carburetor-repair shop.
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LEADING QUESTIONS: Abdul airs take on punditry, influence

February 9, 2011
Mason King
Shabazz_WatchVideoHow is talk-radio host Abdul-Hakim Shabazz like the Wizard of Oz? Were his barbs about an IPS official "over the top"? Does he really have the governor's ear? He's taking your calls.
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BSU, IU plan to play football at Lucas Oil Stadium

February 9, 2011
Ball State University has signed a contract to move its Sept. 3 football season-opener against Indiana University from Muncie to Indianapolis.
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'Clean energy financing districts' face tough sell at Statehouse

February 9, 2011
Chris O'Malley
Districts would finance solar panels and other clean-energy projects through special tax levies on participating properties.
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Anderson superintendent proposes closing Wigwam

February 9, 2011
Associated Press
The Wigwam at Anderson High School is the second-largest high school gymnasium in the world, second only to the Fieldhouse in New Castle.
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AT&T planning upgrades to city wireless network

February 9, 2011
Improvements, which include nine new cell towers and more Wi-Fi coverage, are expected to be made before Indianapolis hosts next year's Super Bowl.
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Nuclear power bill at statehouse conjures up ghosts

February 9, 2011
Chris O'Malley
A controversial bill in the Indiana Senate would make it easier for utilities to quickly bill ratepayers for proposed nuclear and other clean-energy projects.
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Recent successes don't change Lilly's outlook

February 9, 2011
J.K. Wall
Eli Lilly and Co. can be credited with using acquisitions to unclog its product pipeline. It launched two drugs in the past 18 months, won market approval for a third and will likely get nods for two more drugs this year. Trouble is, they all have paltry sales prospects.
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Daniels leads guvs' health-care revolt

February 9, 2011
J.K. Wall
Boy does Gov. Mitch Daniels have an ultimatum for President Obama: Wave off the health reform law or else I’ll do nothing to help while it wreaks havoc on Hoosier citizens.
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Defense contractor Gryphon plans Bloomington expansion

February 9, 2011
 IBJ Staff
Maryland-based  defense contractor Gryphon Technologies plans to expand its operations in Bloomington, creating as many as 60 jobs by 2013.
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Want to confess your sins? There's an app for that

February 9, 2011
Bloomberg News
A South Bend firm has a bishop's go-ahead to publish a $1.99 iPhone application to help Catholics through the process of confession.
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Indiana teachers rally against GOP education plan

February 8, 2011
Associated Press
More than 1,000 Indiana teachers swarmed the Indiana Statehouse Tuesday for a rowdy rally denouncing the sweeping education proposals moving through the Republican-dominated state House and Senate.
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House passes bill to expand charter schools

February 8, 2011
Associated Press
The House approved the proposal Tuesday on a 59-37 mostly party-line vote following hours of debate. Republicans say the bill would mean more options for families, while Democrats contend that it will erode funding for traditional schools.
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Lawmakers eye cutting corporate taxes

February 8, 2011
Associated Press
Legislators are moving ahead with a plan to cut Indiana's corporate income tax by about 40 percent while holding off on phasing out the state inheritance tax.
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  1. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

  2. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

  3. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

  4. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.

  5. I live downtown Indy and had to be in downtown Chicago for a meeting. In other words, I am the target demographic for this train. It leaves at 6:00-- early but doable. Then I saw it takes 5+ hours. No way. I drove. I'm sure I paid 3 to 5 times as much once you factor in gas, parking, and tolls, but it was reimbursed so not a factor for me. Any business traveler is going to take the option that gets there quickly and reliably... and leisure travelers are going to take the option that has a good schedule and promotional prices (i.e., Megabus). Indy to Chicago is the right distance (too short to fly but takes several hours to drive) that this train could be extremely successful even without subsidies, if they could figure out how to have several frequencies (at least 3x/day) and make the trip in a reasonable amount of time. For those who have never lived on the east coast-- Amtrak is the #1 choice for NY-DC and NY-Boston. They have the Acela service, it runs almost every hour, and it takes you from downtown to downtown. It beats driving and flying hands down. It is too bad that we cannot build something like this in the midwest, at least to connect the bigger cities.

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